Rigly Newsletter for Epoch 407

We entered the new difficulty epoch on Saturday, December 9th, block height 820,512. Bitcoin network difficulty is now 67.31 trillion (-0.96%). We saw another great rise in transaction fees this epoch.

We entered the new difficulty epoch on Saturday, December 9th, block height 820,512.

Bitcoin network difficulty is now 67.31 trillion (-0.96%). We saw another great rise in transaction fees this epoch.

Auctions

100 TH/s by difficulty epoch

Get in now, current bids are below market hashprice and auctions end tomorrow!

View the auctions

Network Data

Hashprice

  • 212 sats/TH/s/day
source: https://data.hashrateindex.com/

Network Hashrate

  • Network Hashrate: ~480 EH/s
source: https://data.hashrateindex.com/

Difficulty Adjustment

  • Epoch 404 / October 29 +2.35%
  • Epoch 405 / November 11 +3.55%
  • Epoch 406 / November 25 +5.07%
  • Epoch 407 / December 9 -0.96%
  • Epoch 408 prediction at 67.52T (+0.32%) (Source: btc.com)

Transaction Fees

Transaction Fees: 10.83% of block reward (!)

🚀
Dec 12th fees were 10.83% of the block reward with a hashprice of 212 sats/TH/s/day. Wow!

Refunds Going Out

Several auction orders could not be filled in this difficulty epoch. Sadness. Whenever an order cannot be fulfilled, we will contact you and send a refund plus percentage of the bid price as a bonus.

Start Mining for Just 500 sats

88 TH/s for 3 hrs

Start mining now for a super low price of just 500 sats

Start Mining Now

Are you still waiting to pull the trigger on your mining journey?

Start mining now with our Test Drive for just 500 sats!

Instant Mining

Skip the auctions and buy hashrate at the spot market price.

88 TH/s up to 14 days

Buy hashrate at the spot price and start mining right now

Buy hashrate

We also recently published a blog post outlining how you can use our instant mining platform to mine through the new mining pool Ocean.xyz.

Worthwhile Reading

DEMAND Launches The First Stratum V2 Bitcoin Mining Pool
Bitcoin mining company DEMAND has announced today the world’s inaugural Stratum V2 mining pool, according to a press release sent to Bitcoin Magazine
Luke Dashjr launches Ocean to radically decentralize Bitcoin mining \ stacker news ~bitcoin
@Rsync25 stacked 11.9k sats posting https://ocean.xyz/about [53 comments]
Miner Weekly: $1.2 Billion Pre-Halving Shopping Spree - TheMinerMag
A dozen public mining companies have made purchase orders for spot and future stocks of bitcoin miners totaling 70 EH/s this year so far
Marathon Shoots for Record Production of 1,500 BTC in December
14.27% of Marathon’s bitcoin rewards in December so far came from transaction fees bolstered by on-chain activities.
Northern Data Buys 300 MW Site for Texas Bitcoin Mining
German bitcoin mining firm Northern Data is doubling down on capacity expansion in the U.S., purchasing a 33-acre and 300 MW site in Texas.

Happy Tuesday!

Thanks for reading all the way,

Team Rigly

Subscribe to blog.rigly.io

Don’t miss out on the latest news. Sign up now to subscribe to the Rigly newsletter and blog.
jamie@example.com
Subscribe